The minimum wage increases and excessive regulations of progressive politicians are driving big businesses out of California.
Who would have thought?
The Political Insider reports:
Nestle, a large company known for its food and drink products, is tired of doing business in far-left California. They are packing their bags and heading thousands of miles away to Virginia.
Nestle USA made the official announcement that their headquarters will move from a Los Angeles suburb to Rosslyn, Virginia and is taking more than 1,200 jobs with it.
California is just an awful place to do business, and the Republican-led state legislature in Virginia put together together an incentive package that would make President Trump proud:
The $26-billion-a-year food conglomerate is discreet, of course, about its reasons, citing a desire to be closer to its core customers and other bland corporate pabulum. But the fact is, Nestle and its corporate brethren in California that actually make things are overtaxed and overregulated, and elected officials treat them not as honored members of the community but as rapacious pirates.
A Glendale official, for instance, blithely insisted Nestle’s departure was no big deal, but rather an “opportunity.” Some opportunity.
Though Nestle has offered jobs to their affected California employees in far-off places like Missouri, Ohio and Virginia, the city seems to think it will be able to fill their own Nestle job void by growing the high-tech job base.
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